Group 1: Market Performance - The Shanghai Stock Exchange Sci-Tech Innovation Board Artificial Intelligence Index increased by 0.63% as of September 5, 2025, with notable gains from companies like Zhongke Xingtou (up 2.38%) and Cambricon (up 1.50%) [3] - The Sci-Tech AI ETF (588790) experienced a slight decline of 0.13%, with the latest price at 0.75 yuan, but has seen a cumulative increase of 3.31% over the past two weeks, ranking 3rd among comparable funds [3] Group 2: AI Equipment Procurement - China Mobile announced the results of its centralized procurement project for AI general computing devices (inference type) for 2025-2026, totaling over 5 billion yuan, with ZTE taking the lead at 885 million yuan [4] - The procurement involved approximately 7,058 AI general computing devices, with Huawei's Ascend ecosystem partners collectively securing about 3.4 billion yuan in contracts [4][5] Group 3: Industry Insights - The procurement results indicate a diversified landscape, with traditional server manufacturers like ZTE and Inspur winning contracts, while Huawei's Ascend accounted for over 70% of the computing power, amounting to 3 billion yuan [5] - Inference devices are crucial for AI application deployment, with increasing demand driven by various sectors such as short video platforms and industrial quality inspection [5] Group 4: ETF and Investment Opportunities - The Sci-Tech AI ETF is the largest product tracking the Sci-Tech Innovation Board Artificial Intelligence Index, with significant holdings in companies like Cambricon and Haiguang Information, which has a 70% market share in domestic GPUs [6][7] - Recent data shows a net outflow of 120 million yuan from the Sci-Tech AI ETF, but it has attracted a total of 978 million yuan over the past ten trading days [6]

Industry Investment Rating - The investment rating for the computer industry is "Outperform the Market" and is maintained [1][8] Core Viewpoints - The report highlights that China Mobile plans to procure approximately 7,058 AI general computing devices (inference type) for 2025-2026, with a capital expenditure of 37.3 billion yuan for AI computing resources [4][5] - The procurement project by China Mobile has a total value exceeding 5 billion yuan, divided into six packages, with significant portions allocated to CUDA and CANN ecosystem devices [4][5] - Huawei's Ascend 910C is noted to have performance comparable to NVIDIA's H100, indicating that domestic computing power can meet the inference needs of large AI models [5] Summary by Relevant Sections Industry Basic Situation - The closing index for the computer industry is 5,804.0, with a 52-week high of 5,804.0 and a low of 2,805.53 [1] Recent Research Reports - The report mentions the acceleration of AI deployment by China Mobile, with a focus on general computing devices for inference [4] - The report provides details on the winning bidders for the procurement, with ZTE winning the largest share at 885 million yuan [5] Investment Recommendations - The report suggests focusing on the domestic computing power supply chain, highlighting companies associated with Huawei and other ecosystems [6]

Core Viewpoint - China Mobile has announced a centralized procurement project for AI general computing devices (inference type) with an estimated scale of approximately 7,058 units, expected to meet demand from 2025 to 2026 [1] Group 1: Procurement Details - The project is divided into six bidding packages, including four "CUDA ecosystem" packages (2,058 units) and two "CANN ecosystem" packages (5,000 units) [1] - The total estimated procurement amount for the project is approximately 5.112 billion yuan, to be shared among nine companies [3] Group 2: Bidding Packages and Winners - Package 1 (CUDA ecosystem PCIe cards) was won by H3C with a bid of 47,563,793 yuan (excluding tax), securing 70% of the package [4] - Package 2 (CUDA ecosystem ordinary performance cards) was also won by H3C with a bid of 213,435,000 yuan (excluding tax), securing 70% of the package [5] - Package 3 (CUDA ecosystem high-performance cards) was won by ZTE with a bid of 1,004,700,000 yuan (excluding tax), securing 70% of the package [5] - Package 4 (CUDA ecosystem high-memory cards) was won by Inspur with a bid of 262,831,932 yuan (excluding tax), securing 100% of the package [6] - Package 5 (CANN ecosystem PCIe cards) was won by Henan Kunlun Technology with a bid of 102,182,076.72 yuan (excluding tax), securing 50% of the package [6] - Package 6 (CANN ecosystem cards) was won by Henan Kunlun Technology with a bid of 2,885,444,717.76 yuan (excluding tax), securing 23.91% of the package [7]

2025年8月18日，中国移动发布《中国移动2025年至2026年人工智能通用计算设备（推理型）集中采购 项目_中标候选人公示》 17亿元人工智能服务器，3家中标！ 根据前期公告，本次采购规模非常大，包括6个标包，而本次公示标包1、2、3、4，标包5、6前期已开 标公示： | 包段 | 产品名称 | 单位 | 器次 数量 | | --- | --- | --- | --- | | 标包,1 (类CUDA生态PCle卡) | 人工智能通用计算设备(推理型) | 賃 | 313 | | | -国产芯片 | | | | 标包2 (类CUDA生态普通性能扣卡) | 人工智能通用计算设备(推理型 扣卡风冷) | 台 | 527 | | 标包3 (类CUDA生态高性能扣卡) | 人工智能通用计算设备(推理型 | 台 | 1020 | | | 扣卡风冷) | | | | 标包4 (类CUDA生态高显存扣卡) | 人工智能通用计算设备(推理型 扣卡风冷) | 台 | 198 | | 标旬5 (CANN生态-PCle卡) | 特定场景人工智能通用计算设备 | 台 | 570 | | | (推理型PCle风冷) | | | | ...